PayStand enters integration land with Xero
B2B payments platform buddies up with cloud accounting firm.
Digital
Blockchain record-tracker Factom gets $6m investment
FastForward Innovations shows interest in blockchain record-tracking company.
BBVA’s VC fund leads $9m funding round in finserv Steady
New funds will be used to launch additional product lines.
Regulator syndicate unleashes Global Financial Innovation Network
Builds on UK regulator’s plan to create a global sandbox.
Quebec goes on tech quest with $6m fund
Plans to invest in 20 to 25 firms.
Facebook wants your bank data
It has “not learned its lesson about the importance of user privacy”.
Mortgagetech Blend launches insurance agency
Wants to offer the right blend of mortgages and insurtech.
TransUnion teams with EXL for CECL compliance
Credit reporting agency and analytics company are an item.
Teacher’s pet RightCapital unveils student loan functionality
Back to school season is getting started a little early.
Arizona first US state to offer fintech sandbox
Lawmakers stop talking to do something.
US challenger banks: who’s who and what’s their tech
A comprehensive list of challenger banks and banking services in the US and the tech they are using.
Debonair DNB completes trade finance test with Marco Polo
First release of the TradeIX platform on blockchain goes well.
Wells Fargo customers lose homes due to IT glitch
The bank incorrectly denied hundreds of people mortgage modifications.
Mitek helps bring mobile deposit to credit unions
Assisting with the fight against cheque fraud and mobile enterprise digital transaction.
Top five banking activities best handled by digital self-service
In the era of digital transformation, banks must evolve, or customers will simply walk out of the branch for good.
ICE is Bakkt to the future for digital assets
Intercontinental Exchange forms a new company.
Marshland FCU goes soft for Bankjoy’s banking
US credit union is turned on for mobile and digital banking.
Chase Bank chasing mobile market with ATM move
The future is now, tappity tap.
Business Payments Directory Association teams with Discover for blockchain PoC
Will develop a platform for its B2B directory built on blockchain technology.
Blockchain firm Swych goes cross-border gifting
US users can now send digital gift cards to friends and family in India in real time.
Top fintech stories this week – 3 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Big data start-up Quantexa raises $20m for big plans
Series B funding round led by Dawn Capital.
DocuSign to acquire CLM software provider SpringCM for $220m
All part of its plan to modernise companies’ systems of agreement.
Ion Bank charges up with Jack Henry’s lending solution
US bank will use ProfitStars for commercial lending.
Financial wellness platform PayActiv partners with ADP Marketplace
PayActiv provides a way for employers to help their employees manage their financial lives.
NestReady teams with Alterna Savings for home buying
Start-up will help credit union’s clients find their new home.
Xero buys paperless accounting hero Hubdoc
“Business has never been so beautiful.” Awww. Pass the sick bag.
IdentityMind helps ZED Network with KYC compliance
Payments platform will deploy newly-released version 2.0.
US Treasury seeks fintech industry to treasure
Plans to make regulatory landscape better.
Atos digital DNA drives revamp for insurer CNA
Love is in the air with new multi-year relationship.
SS&C to acquire wealthtech Eze Software for $1.45bn
Boston-based Eze is a provider of investment management solutions.
US regulator opens up national bank charters to fintech
Office of the Comptroller of the Currency now welcomes applications.
Entrust Datacard acquires SMS Passcode
Entrust hopes to further establish itself in the authentication space.
Tavant powers Ditech’s new mortgage POS system
Technology from Tavant is playing a role in the comeback of mortgage lender Ditech.
Paytech Gusto brings in $140m funding
Payroll, benefits, and HR platform now valued at almost $2 billion.
Microsoft and Nationwide invest $12m in SME lender BlueVine
Takes the company’s total funding to $590 million. Ye gods!
Barclays and JP Morgan lead $14m funding in Cloud9
Cloud9 will speed up roll-out of its SaaS-based voice communications platform.
FATF steps up fight against crypto crimes
Financial Action Task Force concerned over AML and CTF activities.
Finra wants fintech feedback on US broker-dealer industry
US-based Financial Industry Regulatory Authority open to ideas.
AXIS Capital launches insurtech investment arm
Company aims to up its investment game via AXIS Digital Ventures.
